Reported about 20 hours ago
Following a ceasefire agreement between Pakistan and India, stock markets in both countries experienced significant gains, with Pakistan's KSE-30 Index rising 9.2% and India's Nifty 50 climbing 3.5%. The truce calmed market anxieties that had escalated due to recent military conflicts, allowing investors to refocus on economic growth prospects, although concerns about potential renewed tensions linger. The International Monetary Fund's recent financial support for Pakistan and India's improving economic signals further contributed to investor optimism.
Source: YAHOO